EU Vice President Borrell expressed gratitude for the press’s presence following the Ministerial meeting on “Implementing the Two-State Solution” in Israel/Gaza. He mentioned his recent mission in the Middle East, specifically in Beirut, and highlighted his observations at the meeting convened by the government of Spain. Borrell emphasized his role as an observer and the importance of working towards a peaceful resolution in the region.
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US-China trade war risks dragging the world into recession, WTO head warns
The US-China trade war risks pushing the global economy into recession, with the World Trade Organization (WTO) warning that global output could drop by 7% if the two nations fully decouple. WTO Director-General Ngozi Okonjo-Iweala highlighted that US tariffs and China's retaliatory measures could fragment global trade, compelling countries to align with one bloc or another. She noted that poorer nations are particularly vulnerable and emphasized the need for diversification in production to enhance global...
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